How to calculate accrued interest, using excel
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How to calculate accrued interest,
How to calculate accrued interest, using excel | How To Calculate Accrued Interest
In accounting, accrued interest refers to the amount of interest that has been incurred, as of a specific date, on a loan or other financial obligation but has not yet been paid out. Accrued interest can either be in the form of accrued interest revenue, for the lender, or accrued interest expense, for the borrower.
(Source: www.investopedia.com/terms/a/accruedinterest.asp)
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